TIDMELCO

RNS Number : 2043E

Elecosoft PLC

04 May 2017

Elecosoft plc

("Elecosoft")

Trading Update for the three months to 31 March 2017

Turnover of Elecosoft for the three-month period ended 31 March 2017, based on unaudited management accounts, increased by 17 per cent compared with turnover for the same period last year; and unaudited Profit before Tax is tracking in-line with full year market expectations, due principally to the benefit gained from the higher turnover achieved in the period and improved cost management.

John Ketteley, Executive Chairman said: "The trading performance of Elecosoft in the first three months of 2017 is gratifying, but the current political climate remains uncertain and we continue to monitor closely those markets in which we operate."

 
 For further information please 
  contact: 
 
 Elecosoft plc                         www.elecosoft.com 
  John Ketteley , Executive Chairman    Tel: 0203 857 5210 
  Jonathan Hunter, Marketing and 
  Business Development Director 
  David Pearson, Group Finance 
  Director and Company Secretary 
 
 finnCap Ltd 
 Adrian Hargrave / Kate Bannatyne      Tel: 0207 220 0500 
  (Corporate Finance) 
  Camille Gochez (Corporate Broking) 
 
 
   Redleaf Communications 
 Rebecca Sanders-Hewett / David        Tel: 0207 382 4730 
  Ison / Susie Hudson                   elecosoft@redleafpr.com

About Elecosoft plc

Elecosoft is listed on the Alternative Investment Market in London (AIM: ELCO). It is a specialist international provider of software and related services to the architectural, engineering, construction and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Elecosoft's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software programs cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions.

For more information, please visit www.elecosoft.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTFMGGKGDRGNZM

(END) Dow Jones Newswires

May 04, 2017 07:00 ET (11:00 GMT)

Eleco Public (LSE:ELCO)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Eleco Public Charts.
Eleco Public (LSE:ELCO)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Eleco Public Charts.